Deutsche Bank AG Acquires New Shares in Axalta Coating Systems Ltd. $AXTA

Key Points

• Deutsche Bank acquired 29,888 Axalta shares during the second quarter, valued at approximately $1.02 million. Institutional investors collectively own 98.28% of the specialty chemicals company.
• Axalta exceeded quarterly expectations, reporting adjusted EPS of $0.72 versus the $0.65 consensus and revenue of $1.35 billion, up 3.1% year over year. Management guided for fiscal 2026 EPS of $2.55–$2.70.
• AXTA shares opened at $37.10, near their 52-week high of $38.61. Analysts maintain an average “Hold” rating with a $36 average price target, despite several firms raising their targets.

Deutsche Bank AG acquired a new stake in Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 29,888 shares of the specialty chemicals company's stock, valued at approximately $1,023,000.

A number of other large investors have also added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new position in shares of Axalta Coating Systems during the second quarter worth $207,000. Bank of New York Mellon Corp acquired a new position in shares of Axalta Coating Systems during the second quarter valued at about $43,205,000. Focus Partners Advisor Solutions LLC bought a new position in Axalta Coating Systems in the second quarter worth approximately $214,000. Versant Capital Management Inc raised its holdings in shares of Axalta Coating Systems by 24.5% in the 2nd quarter. Versant Capital Management Inc now owns 6,107 shares of the specialty chemicals company's stock worth $209,000 after acquiring an additional 1,202 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its stake in Axalta Coating Systems by 82.3% during the 1st quarter. Glenmede Trust Co. NA now owns 14,258 shares of the specialty chemicals company's stock valued at $395,000 after acquiring an additional 6,435 shares in the last quarter. Institutional investors own 98.28% of the company's stock.

Axalta Coating Systems Stock Up 0.2%

Shares of NYSE:AXTA opened at $37.10 on Monday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.53 and a quick ratio of 1.12. Axalta Coating Systems Ltd. has a one year low of $24.94 and a one year high of $38.61. The company has a market cap of $7.94 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 1.83 and a beta of 1.24. The firm has a fifty day moving average price of $34.95 and a two-hundred day moving average price of $31.76.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.07. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.The firm's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. Analysts anticipate that Axalta Coating Systems Ltd. will post 2.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AXTA shares. UBS Group reissued a "neutral" rating on shares of Axalta Coating Systems in a report on Wednesday, July 29th. Mizuho boosted their target price on Axalta Coating Systems from $32.00 to $39.00 and gave the company an "outperform" rating in a research note on Wednesday, July 1st. Royal Bank Of Canada upped their price objective on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the company a "sector perform" rating in a report on Wednesday, July 8th. Robert W. Baird lifted their target price on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Finally, BMO Capital Markets boosted their price target on shares of Axalta Coating Systems from $35.00 to $39.00 and gave the company a "market perform" rating in a research report on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat.com, Axalta Coating Systems has an average rating of "Hold" and an average price target of $36.00.

Axalta Coating Systems Company Profile

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company's product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.

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